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Historic Multifamily Brownstone
For Sale
$2,495,000

171 Grand Street Jersey, Jersey City, NJ 07302

Italianate architectural character with electricity and natural gas connected, plus separate heating service.

Property SizeContact for details
Days on Market96

Property Features for 171 Grand Street Jersey

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Public Transit Yes

Amenities

Electricity Connected, Natural Gas Connected, Sep Heat

Building Details

Construction Italianate
Listing Agency: Ridgewood
Listed By: Adam Fitzgibbons · License #1861947
Source: Kw
Added: Jun 6 Changed: Sep 8 Last Checked: Sep 8 at 10:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ridgewood

Investment Insights

Based on property information with market context.

This multifamily brownstone at 171 Grand Street features Italianate architectural character and is situated within the Paulus Hook historic district of Jersey City. The property has electricity and natural gas connected, along with separate heating service.

Transit options in the surrounding area include the PATH train, Light Rail, and NY Waterway Ferry. The property is also near restaurants, cafes, waterfront promenades, and schools in Downtown Jersey City.

Key Highlights

  • Historic brownstone in the Paulus Hook historic district
  • Italianate architectural style
  • Electricity connected

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Fish Market Nursing Home Tattoo & Piercing Shop Tanning Salon Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,272
Businesses Nearby

Demographics for 07302, NJ

57,033
Population
30,163
Households
1.9
Avg Household Size
34
Median Age
80%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
40,738
Density / Sq Mi
$166,854
Median Household Income
$117,189
Median Earnings
$2,960
Median Rent
$853,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Italianate architectural character with electricity and natural gas connected, plus separate heating service.
Where is this multifamily property located?
The property is located at 171 Grand Street Jersey Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Historic brownstone in the Paulus Hook historic district; Italianate architectural style; Electricity connected
More about this property
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